Filing Details
- Accession Number:
- 0000950170-24-059993
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-05-15 06:15:08
- Reporting Period:
- 2024-05-14
- Accepted Time:
- 2024-05-15 06:15:08
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1721386 | Landsea Homes Corp | LSEA | Operative Builders (1531) | 822196021 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1840469 | Landsea Holdings Corp | 530 Lytton Ave., 2Nd Floor Palo Alto CA 94301 | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2024-05-14 | 4,100,000 | $6.00 | 12,840,729 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Footnotes
- Shares were transferred on May 14, 2024 by Landsea Holdings Corporation ("Landsea Holdings") to Ever Fast Holdings Limited, a designee of 1103849 B.C. Ltd, a British Columbia Corporation, pursuant to the Payment Agreement Regarding Credit Agreement and Loan Documents dated May 10, 2024 (the "Payment Agreement"), entered into by Landsea Holdings as the borrower, and 1103849 B.C. Ltd, a British Columbia Corporation, as the lender (the "Lender") in order to fulfill its outstanding obligations due on May 12, 2024 under the Credit Agreement dated May 12, 2022 between Landsea Holdings and the Lender by transferring 4,100,000 shares at a price of $6,00 per share among 4,838,710 shares of Common Stock of Landsea Homes Corporation (the "Issuer") pledged by Landsea Holdings to the Lender as collateral under the Credit Agreement.